Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at...

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Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 5.8%. The face value of the bo

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Answer 1

Answer #1

First calculate the yield to maturity NPER PMT = fv x coupon rate (number of payments) FV = face value price = pv rate RATE(n

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